Home / News / Crops news / Corn, soybeans to trade higher

Corn, soybeans to trade higher

10/10/2013 @ 7:35am

On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start higher.


The early calls for the commodities on Thursday, October 10, 2013, are higher. Corn is seen opening 1 to 2 cents higher, soybeans 8 to 10 cents higher, and wheat 1 to 2 cents higher.


In overnight trading, the Dec. corn futures traded 2 1/4 cents higher at $4.45 per bushel. The Nov. soybean futures traded 10 1/2 cents higher at $12.98. The Dec. wheat futures contract traded 3 3/4 cents higher at $6.94. For Dec. soybean meal futures, the contract traded $2.50 per short ton higher at $414.20; Dec. soybean oil futures traded $0.44 higher at $41.11.


The outside markets are favorable for Thursday's grain trade. The real factors driving the calls will be the higher overnight markets.


Discuss the corn, soybean, and wheat markets in Marketing Talk.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

USDA to Show Record Soybean Plantings? By: 03/30/2015 @ 1:46pm Will the biggest USDA report of the year show that U.S. farmers will plant more soybeans than ever…

Wheat Closes 22¢ Higher Monday By: 03/30/2015 @ 8:37am DES MOINES, Iowa (Agriculture.com)—On Monday, a risk-on mentality, poor wheat weather, and…

Corn, Soybeans to Edge Higher Monday By: 03/30/2015 @ 7:27am On Monday, the CME Group's corn, soybean, and wheat markets are expected to start higher. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Seeds
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]